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  • Carbon Update 21 June 2013

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    David Boles
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    The document provides an overview of the carbon market and recent trends. It notes that carbon prices have moved in a bearish direction after losses in the energy sector. European spot prices also declined due to cooler weather. Additionally, climate change activists are persuading major companies like Walmart and Kimco Realty to invest in renewable energy to cut costs, while General Electric aims to significantly reduce emissions. The report estimates US businesses could save $190 billion annually by 2020 through emission reductions.

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    The document provides an overview of the carbon market and recent trends. It notes that carbon prices have moved in a bearish direction after losses in the energy sector. European spot prices also declined due to cooler weather. Additionally, climate change activists are persuading major companies like Walmart and Kimco Realty to invest in renewable energy to cut costs, while General Electric aims to significantly reduce emissions. The report estimates US businesses could save $190 billion annually by 2020 through emission reductions.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    1 views1 page

    Carbon Update 21 June 2013

    Uploaded by

    David Boles
    The document provides an overview of the carbon market and recent trends. It notes that carbon prices have moved in a bearish direction after losses in the energy sector. European spot prices also declined due to cooler weather. Additionally, climate change activists are persuading major companies like Walmart and Kimco Realty to invest in renewable energy to cut costs, while General Electric aims to significantly reduce emissions. The report estimates US businesses could save $190 billion annually by 2020 through emission reductions.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
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    DBLM Solutions

    David Boles 01 4433584 (Direct) dblmdavid (SKYPE) david@dblmsolutions.com

    DBLM Solutions Carbon Update


    Carbon Overview

    David Boles 01 4433584 (Direct) dblmdavid (SKYPE) david@dblmsolutions.com

    At time of writing the Dec '13 EUA Contract was at 4.41. Carbon has moved to a bearish trajectory after the energy complex witnessed considerable losses. The Brent near month contract dropped 4.58 in a 24 hour period. The biggest one day drop since last November. The US federal reserve's plan to wind down monetary stimulus effected markets across the spectrum.European spot prices also receded on the back of cooler weather. German baseload for Friday delivery was at 30.00 euros a megawatt hour, down 5.5 euros on the day while the French contract dropped by 6.75 euros to 30.75 euros. Carbon change activists have changed the hymn sheet from ' save the planet' to save your income sheet' and it seems to be working. Wallmart, the giant US retailer is trying to source all electricity from renewables. Measures include solar on rooves and wind turbines in parking lots. Kimco Realty, the US shopping centre owner, lowered its lighting bill by 20-255 through automated controls. General Electric, the industrial giant aims to cut its emissions by 75% of its 2004 level. The report attached estimates that U.S business can save $190 billion a year by 2020, if they cut emissions by 3% a year.
    Dec 13 EUA

    Past performance may not be a reliable guide to future performance. Mention of specific commodities should not be taken as a recommendation to buy or sell these commodities. Commodity Trading is risky and DBLM Solutions assume no liability for the use of any information contained herein. Past financial results are not necessarily indicative of future performance. Information contained herein was obtained from sources believed to be reliable, but is not guaranteed as to accuracy. Any examples given are strictly hypothetical and no representation is being made that any person will or is likely to achieve profits or losses similar to those examples. Neither this information, nor any opinion expressed, constitutes a solicitation to buy or sell futures or options or futures contracts, or OTC products. Reproduction without authorization is forbidden. All rights reserved. DBLM Solutions.

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